CFX Drops 6% After Conflux Network Says DWF Labs Bought $18M of Its Tokens

Conflux token's dour reaction is consistent with the prevailing investor disinterest in alternative cryptocurrencies. дальше »

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Ethereum (ETH) Is Commodity, Consensys Founder Says

Joseph Lubin, founder of Consensys and co-founder of Ethereum, in recent CNBC interview, made case for classifying Ethereum's native cryptocurrency, Ether (ETH), as commodity дальше »

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More institutions will soon embrace bitcoin, report says

The crypto industry has witnessed a massive bear storm over the past 18 months as high inflation threats finances. Despite the red market conditions, a recent report by CryptoQuant suggests that Bitcoin’s (BTC) institutional adoption is on the rise. For… дальше »

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Fidelity may soon file for a spot bitcoin ETF

The Block says Fidelity is next in line to file for a spot bitcoin ETF. Oanda analyst Edward Moya shares his view on the Fidelity news. BlackRock also filed for such an exchange-traded fund last week. дальше »

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TrueUSD Stablecoin Has $26k of Funds at ‘U.S. Depository Halting Withdrawals,’ Reserve Report Says

The stablecoin issuer said last week that it had “no exposure” to the failed crypto custodian Prime Trust. дальше »

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‘Crypto tumult in the US may be a boon for Japan’ says The Japan Times

Japan may find an unexpected opportunity to expand its influence in the sector — according to a recent The Japan Times report. дальше »

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Judge says arguments behind SBF’s motions to dismiss criminal charges are ‘moot or without merit’

Former FTX CEO Sam Bankman-Fried will likely still face 13 criminal counts over two separate trials starting in October 2023 and March 2024. дальше »

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Bybit’s MVP license in Dubai ‘very restricted,’ CEO says

Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services. дальше »

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Google says its next AI ‘Gemini’ will be more powerful than ChatGPT

Google DeepMind’s CEO says developers are building on technology from its 2016 AlphaGo model to outfit Gemini to be “more capable” than current large language models. дальше »

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Chibi Finance allegedly executes $1M rug pull on Arbitrum, CHIBI plummets 98%

Chibi Finance has allegedly executed a $1M rug pull on Layer 2 blockchain Arbitrum. The team has vanished and their social media accounts are inaccessible. Security platform Peckshield says the team channeled the funds via Tornado Cash. дальше »

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Circle’s Allaire Says Bitcoin ETFs Likely to Be Approved: Bloomberg

Allaire spoke with Bloomberg at the World Economic Forum in Tianjin, China. дальше »

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Binance Australia got 12 hours’ notice before it was debanked, exec says

Binance Australia head Ben Rose claimed the exchange got less than a day's warning from its payments partner before it was "cut off" from the local banking system in May. дальше »

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WisdomTree exec says data sharing agreements are a “key part” of Bitcoin ETF applications

Jeremy Schwartz, Global Chief Investment Officer at WisdomTree, commented on cryptocurrency spot exchange-traded funds (ETFs) on June 26. Surveillance agreements could make SEC “comfortable” During a CNBC interview, Schwartz said: “One of the things that recent [spot Bitcoin ETF] filings have in common … is that they are trying to have data sharing surveillance agreements […] The post WisdomTree exec says data sharing agreements are a “key part” of Bitcoin ETF applications appeared first on CryptoSlate. дальше »

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Court says it doesn’t need to “wordsmith” Binance and SEC’s announcements

The court handling the SEC’s ongoing case against Binance said that it is not necessary to revise either party’s public statements on June 26. The relevant order, signed by Judge Amy Berman Jackson, declared: “While all of the lawyers in this case should adhere to their ethical obligations … it is not … necessary or […] The post Court says it doesn’t need to “wordsmith” Binance and SEC’s announcements appeared first on CryptoSlate. дальше »

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Tom Lee says bitcoin is maintaining key levels

Tom Lee, a prominent cryptocurrency analyst at Fundstrat, recently shared his observations on bitcoin's ability to maintain critical support levels in the face of significant regulatory challenges. дальше »

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FTX Bankruptcy Team Says the Exchange Owed Customers $8.7B

Commingling and misuse of customer and corporate funds occurred from the inception of FTX, says current CEO John J. Ray III. дальше »

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Crypto travel rule fails to meet FATF standards, says report

The Financial Action Task Force (FATF) has issued a renewed call urging countries to adopt and implement the "Travel Rule" as a vital measure to combat money laundering and terrorism financing facilitated through cryptocurrencies. дальше »

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SHIB Rings Alarm Bells; XRP and ETH Will Be Demolished by SEC, Says Max Keiser; BTC Targeting $34,000: Crypto News Digest by U.Today

Let's see what crypto news the weekend has brought with U.Today's news digest дальше »

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Binance eyes United Arab Emirates as ‘focal point’ for future operations

Binance Dubai general manager Alex Chehade says there are plenty of good reasons why the UAE will become the world’s next major crypto hub. дальше »

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Australia’s token mapping to be ‘tech agnostic,’ says Treasury official

Trevor Power hopes the framework will fall closer on the “spectrum” to the EU’s MiCA than the current regulatory position in the United States. дальше »

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‘Keep Australia safe’: Dystopian draft bill against ‘misinformation’ unveiled

The proposed legislation could have serious implications for free speech in Australia, says Shadow Communications Minister David Coleman. дальше »

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Crypto Travel Rule implementation ‘remains relatively poor,’ says FATF

The United Nations body called on all member states to implement the Travel Rule “without delay” to close “loopholes” not currently protected by regulation. дальше »

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Shiba Inu Lead Shytoshi Kusama Says There's Lots to Do

Project lead Shytoshi Kusama has been engaging with community, conveying his commitment to work and core principle of decentralization дальше »

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Bitcoin sees new all-time highs in 3 countries as BTC price pokes $31K

Bitcoin price strength continues into a weekly close that analysis says should stay above $30,000.

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Bitcoin (BTC) Whales Should Only Be Tracked on These Exchanges, CryptoQuant CEO Says

There is only one category of exchanges that should be tracked to understand whales' behavior, CryptoQuant's Ki Young Ju says дальше »

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CryptoLaw.US founder says SEC’s Ripple lawsuit a good “promotion campaign”

The Founder of CryptoLaw. US, John Deaton, who is one of the Ripple supporters that has been closely following the SEC-Ripple suit, has stated that he believes that the current surge in XRP wallets is attributed to the SEC lawsuit against Ripple. дальше »

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Peter Schiff bashes bitcoin again, says recent party will soon end 

Peter Schiff's tweet about the end of the bitcoin party has caused controversy in the crypto community дальше »

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Hong Kong regulator says oversight will strengthen crypto market

Leung Fung Yee, CEO of Hong Kong's SFC, supports regulating virtual asset service providers to promote crypto innovation and market trust дальше »

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Bitcoin maximalist claims Ripple is a “ponzi scheme”

Bitcoin maximalist Max Keiser accuses Ripple of being a "Ponzi scheme" and says CEO Brad Garlinghouse's efforts to save the company are futile дальше »

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Cardano (ADA) Founder Says He Gets Confused for Vitalik Buterin, Here’s Why

Charles Hoskinson has debunked rumor thanks to which he gets confused for Vitalik Buterin дальше »

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Banning Crypto Assets May Not Be Effective in The Long Run, Says IMF

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Senator Cynthia Lummis criticizes SEC’s action against Coinbase, says lawmakers are working on crypto regulation bill

U. S. Senator Cynthia Lummis said the SEC’s recent action against cryptocurrency exchange Coinbase despite its attempts to comply with regulators, “is not the right way to do business in America. дальше »

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MicroStrategy’s Michael Saylor Says Good Things Are On The Way For Bitcoin Investors

The future of Bitcoin is unmatched and its inherent powers to dominate the cryptocurrency industry are flawless, as the future holds on the shoulders of the Giants among other currencies. Even though it has been a difficult 12 months in the past,  Micheal Saylor, an advocate, and a Bitcoin Apostle, passionately sees the obvious invisible […] дальше »

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Sequoia partner says investing in FTX was the right move: Report

Sequoia’s Alfred Lin stood up for the firm’s $213.5 million investment in the now-bankrupt crypto exchange FTX.

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Leveraged Bitcoin Futures ETF to Start Trading Tuesday, Sponsor Says

Volatility Shares’ 2x Bitcoin Strategy ETF (BITX) will become the first leveraged crypto ETF available in the United States after the U.S. Securities and Exchange Commission (SEC) let it go effective on Friday, an executive at the company told CoinDesk. дальше »

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Three Quarters of Jurisdictions Not Complying With Global Crypto Laundering Norms, FATF Says

The global anti-money laundering watchdog FATF said North Korea is using digital assets to fund weapons of mass destruction дальше »

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Bitcoin May Stumble When Rising to $40,000, Mike McGlone Says, Here Are Snags

Leading commodity expert of Bloomberg names headwinds Bitcoin may face in near future дальше »

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BlackRock’s Bitcoin ETF is A Validation of Crypto’s Technology, says Mark Yusko

In a recent interview for CNBC Television, Mark Yusko, the Founder, CEO, and CIO of Morgan Creek Capital, discussed the significance of BlackRock’s new Bitcoin ETF and what it means for both traditional finance and the crypto space moving forward. дальше »

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2024 election could play a key role in crypto regulation, says Coinbase CEO

Key takeaways Brian Armstrong believes next year’s presidential election could be crucial to the crypto industry’s regulation. He pointed out that the crypto industry needs clear regulatory guidelines. дальше »

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'Black Swan' Author Wrong About Bitcoin, Says Analyst

Contrary to statement made by popular author, Bitcoin is actually becoming more decentralized дальше »

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Top Analyst Says Bitcoin Is in Bull Market

Ki Young Ju, a reputed cryptocurrency analyst, believes that Bitcoin is in the midst of a bull market cycle дальше »

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Bitcoin ‘parabolic advance’ means BTC price all-time high in 2023 — Trader

Bitcoin has around four months to go before eclipsing its $69,000 peak if past impulse moves are a guide, says Credible Crypto.

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Shiba Inu Lead Shytoshi Kusama Says He Will Step Away. Here's When

Shytoshi Kusama, the enigmatic lead of the Shiba Inu cryptocurrency ecosystem, has announced his intention to step down from his role once key aspects of the project have been fully implemented дальше »

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Blame game rages over ASX’s failed CHESS system blockchain upgrade

Digital Asset blames ASX for not providing it with crucial information, while ASX says the claims are misleading.

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Shiba Wings customers love the food, not so much the crypto, says owner

The SHIB-themed diner serves hot wings, burgers and cocktails, but despite the branding, still trades mostly in fiat.

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First Mover Asia: Bitcoin Surge May 'Not Be the Beginning of the End of the Bear Market,' Analyst Says

ALSO: CoinDesk Senior Research Analyst George Kaloudis offers a straightforward explanation of why BlackRock and other financial services giants want to offer a spot bitcoin ETF. дальше »

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Prime Trust can’t honor customer withdrawals, says Nevada regulator

Nevada’s business regulator issued a cease and desist order to the crypto custodian, alleging it has a “shortfall of customer funds.” дальше »

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Cryptopay EU card provider loses license, company says card funds are safe

The EU Cryptopay cards may stop working soon as the Bank of Lithuania has revoked the EMI license of the app’s provider, UAB PayrNet. дальше »

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Prime Trust Has 'Shortfall of Customer Funds,' Nevada Regulator Says

Crypto custody firm Prime Trust has "a shortfall in customer funds" and was unable to meet all withdrawal requests this month, the Nevada Department of Business and Industry said Thursday. дальше »

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TrueUSD Says TUSD Stablecoin Has ‘No Exposure’ to Embattled Prime Trust

Stablecoin project TrueUSD said Thursday it had “no exposure” to embattled crypto services company Prime Trust as it raced to shore up confidence in its dollar-backed TUSD. дальше »

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